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Poverty Measurement: Absolute Poverty

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Questions and Answers

What is the definition of absolute poverty?

A poverty level that is relative to the average income of a country

A poverty level that is only experienced by individuals

A poverty level that is only experienced in developing countries

A poverty level below an official line set at the standard of basic needs (correct)

What is the purpose of setting an official line for absolute poverty?

To reward those who are wealthy

To determine the minimum level of income required to meet basic needs (correct)

To punish those who are poor

To compare the wealth of different countries

What is the 'absolute standard' based on?

What households should be able to count on to meet their basic needs (correct)

The standard of living in a particular region

The average income of a country

The GDP of a country

What does the term 'absolute poverty' imply?

<p>That there is a specific level of poverty that is universally accepted</p> Signup and view all the answers

What is the focus of absolute poverty?

<p>Determining the minimum level of income required to meet basic needs</p> Signup and view all the answers

Study Notes

Absolute Poverty It is a poverty below an official line set at the ‘absolute standard of what households should be able to count on in order to meet their basic needs.

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Description

Understand the concept of absolute poverty, a poverty line set to ensure households can meet their basic needs. Learn how it's measured and its significance in economic development. Test your knowledge with this quiz!